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of <h1>Section 21 of Co-operative Societies Act: Member's share protected from court orders on debts, with conditions in Section 20.</h1> Section 21 of the Co-operative Societies Act, 1912, stipulates that a member's share or interest in the capital of a registered society is protected from attachment or sale under any court decree or order related to the member's debts or liabilities. This protection extends to preventing claims by the Official Assignee under the Presidency-towns Insolvency Act, 1909, and a Receiver under the Provincial Insolvency Act, 1907. However, this provision is subject to the conditions outlined in section 20 of the same Act.
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